The European Commission (EC) extended the deadline for a final decision over safeguards for a number of steel products imports, to February 1, 2019, the EC said.
The EC started an investigation into safeguards for a number of steel products on March 26, 2018 to prevent steel shipments being redirected to the EU, after Section 232 import tariffs imposed by the United States.The initial deadline for the investigation was nine months after it started. The regulations, however, allow the investigation to be extended by a maximum of two months in exceptional circumstances."The size of the investigation in terms of product scope - 26 categories as well as the 800 interested parties registered - is unprecedented. This therefore places a heavy administrative burden on the EC...